Bureau Veritas completes the acquisition of The APP Group
Bureau Veritas, a global leader in Testing, Inspection, and Certification services, today announced that it has completed the acquisition of The APP Group, a leading Australian Property and Infrastructure leader, as stated in its communication to the market on November 4th, 2024. The company is headquartered in Sydney and delivered revenues of €87 million in 2023.
This acquisition is in line with Bureau Veritas’ LEAP | 28 strategy to expand leadership in Buildings and Infrastructure, diversifying its portfolio and investing in an attractive regional market. It will strengthen the Group’s Buildings and Infrastructure capabilities by adding significant project management assistance expertise to asset owners, as well as construction management, independent project verification and certification and benefiting from a leverageable regional scale.
“I am delighted to welcome our new colleagues from The APP Group. This is a major step forward in the execution of our LEAP | 28 strategy. The combined expertise of Bureau Veritas and The APP Group is not only strengthening our position in the Australian market but also providing us with a robust and sustainable platform to support B&I services growth in the wider Asia Pacific region,” said Hinda Gharbi, Chief Executive Officer of Bureau Veritas. “Bringing a team of more than 500 employees and access to a pool of over 200 specialist sub-consultants, the integration of The APP Group nowestablishes our position as a partner of choice to government, infrastructure owners, large corporations and private companies.”
Last Updated on 2 months by News Desk 1
